Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P), and Pakistan’s largest interbank network, 1LINK, have announced a partnership agreement to power instant online payouts for merchants registered with Paymob via 1LINK’s payment infrastructure, with Bank Alfalah Ltd. serving as its settlement bank. This partnership represents a unique and […]

Staying committed to improving the health and lifestyle of its people, Telenor Pakistan has partnered with Chughtai Lab to provide discounted medical tests for retailers and franchise staff across the country. An industry-first initiative, this will benefit over 200,000 Telenor Pakistan retailers and franchise staff members. Under the plan, Telenor Pakistan retailers can avail of […]

Mobilink Microfinance Bank Limited (MMBL) has entered into a new partnership with Careem, Pakistan’s largest ride-hailing service, to provide discounted and subsidized intra as well as inter-city travel services for its employees. The initiative is designed to bring ease and convenience for MMBL employees and their families, enabling them to commute safely and affordably with Careem […]

GoCardless, a global leader in bank payment solutions, has integrated with Zapier, the leader in no-code automation, to help businesses save time and energy when managing their payments. Businesses can now build Zaps — Zapier’s automated workflows — for GoCardless, eliminating manual labor for routine and repetitive tasks, such as creating a new payment mandate or […]

Pakistani cellular companies, Ufone 4G and ConnectHear, a social enterprise aiming to enable and empower persons with disabilities, have collaborated to improve accessibility for the deaf community to enhance their socioeconomic integration. Amir Pasha, Group Director PR, Media, CSR and Corporate Communication, PTCL & Ufone 4G, and Arhum Ishtiaq, Co-founder/CTO ConnectHear signed the agreement here […]

Despite a 24.3% YoY growth in overall revenues in local currency, Jazz’s revenue decreased 2.6% in USD terms during the fourth quarter of 2022, mainly due to PKR devaluation, whereas the margins are hampered by an exponential increase in operational costs, including fuel, electricity, interest rate, and forex. An increase in fuel and electricity prices […]

Mobilink Microfinance Bank Limited (MMBL), has signed a Memorandum of Understanding (MoU) with Sehat Kahani, a leading telemedicine platform, to provide affordable and accessible Outpatient Department (OPD) consultation services to its existing and potential customers. Through this partnership, MMBL customers will have access to a dedicated telehealth helpline round-the-clock from the comfort of their homes. […]

Popular shopping site, Menakart, announced its partnership with fintech Xare to provide a new-age payment solution to customers who do not have their credit or debit card to shop online. The rapid growth of e-commerce in the MENA region is fueled by a shift in shopping behavior in the post-pandemic era. According to a recent […]

American Express announced that it has entered into an agreement to acquire Nipendo, a company used by global businesses to automate and streamline business-to-business (B2B) payments processes. The transaction is American Express’ latest strategic step toward its goal of creating a leading end-to-end B2B platform, making business payments simpler and more efficient. American Express is […]

Jazz, Pakistan’s leading digital operator and a part of the VEON Group, bagged 7 awards at the Global Diversity, Equity & Inclusion Benchmarks (GDEIB) Awards 2023. The company received the ‘Best Practices’ award for its visionary efforts in implementing DEI as a strategy when it comes to learning and development, communications, community integration, government relations […]